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Swander Pace acquires supplements retailer Swanson Health

Jan 25, 2016 - The Deal Pipeline
Board and Executive Moves-Mergers and Acquisitions

Private equity firm Swander Pace Capital LLC has acquired Fargo, N.D.-based vitamin and supplements direct retailer Swanson Health Products Inc., the companies said on Monday, Jan. 25. Terms of the transaction, which closed on Friday, were not disclosed. A source familiar with the situation confirmed a media report that Swanson Health generated more than $300 million in sales annually as of 2014. The report noted revenue was growing by about 10% per year as of 2014, which would indicate r...